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Connected Objects - Creating value through connectedness

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How do connected objects create value through connectedness and how can your business benefit from it.

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Connected Objects - Creating value through connectedness

  1. 1. Connected Objects Creating value through being connected
  2. 2. The evolution
 Everyone has heard of it www.bgrid.be
  3. 3. First Industrial Revolution through the introduction of mechanical production facilities with the help of water and steam power Second Industrial Revolution through the introduction of a division of labor and mass production with the help of electrical energy Third Industrial Revolution through the use of electronic and IT systems that further automate production Fourth Industrial Revolution through the use of cyber- physical systems First mechanical loom, 1784 First assembly line, cincinnati slaughterhouses, 1870 First programmable logic controller (PLC), Modicon 084, 1969 Today Time 1800 1900 2000 From Industry 1.0 to Industry 4.0 www.bgrid.be
  4. 4. The evolution
 And it’s just the beginning IoT inception 0.5 Billion connected devices 12.5 Billion connected devices 50 Billion connected devices 6.3 B earth population 6.8 B earth population 7.6 B earth population www.bgrid.be
  5. 5. 2/3 will be other “things”: sensors, actuators and other devices that monitor, control, analyze and optimize our world The evolution
 And it’s just the beginning By 2020, 50 billion devices will be connected to the internet 1/3 will be PC’s, tablets, smartphones and TV’s www.bgrid.be
  6. 6. What are connected objects?
 Inspiring examples www.bgrid.be
  7. 7. What are connected objects?
 Definition Smart connected objects are everyday objects that have the following three core components “smart” components sensors, microprocessors, data storage, controls, software, embedded operating system, enhanced user interface connectivity components ports, antennae, protocols enabling wired or wireless connection with the product Connected objects are part of a large network of objects and services - the Internet of things (IoT) physical components mechanical & electrical parts 21 3 www.bgrid.be
  8. 8. The evolution
 Device miniaturization www.bgrid.be
  9. 9. processing power power consumption The evolution
 Improvements in technology www.bgrid.be
  10. 10. The evolution
 Ubiquitous wireless connection Power Range Data speed lowhigh low low high low 2-15km 3-50km50-150m 50-150m50m 35-200km 10cm lowlowFast +- +-Very fast low low Fast www.bgrid.be
  11. 11. Categorization
 Kind of interaction Human to MachineHuman to human Machine to Machine www.bgrid.be
  12. 12. Categorization
 Kind of interaction Human to MachineHuman to human Machine to Machine www.bgrid.be
  13. 13. Categorization
 Level of being connected Level 1 the product gives information to consumer Level 2 the product talks with other products/ services Level 3 The product talks to a group of other products/ services Level 4 New services are offered around the product www.bgrid.be
  14. 14. Categorization
 Levels of capabilities Combining monitoring, control, and optimization allows: • Autonomous product operation • Self-coordination of operation with other products and systems • Autonomous product enhancement and personalization • Self-diagnosis and service Sensors and external data sources enable the comprehensive monitoring of: • the product’s condition • the external environment • the product’s operation and usage Monitoring also enables alerts and notifications of changes Software embedded in the product or in the product cloud enables: • Control of product functions • Personalization of the user experience Monitoring and control capabilities enable algorithms that optimize product operation and use in order to: • Enhance product performance • Allow predictive diagnostics, service, and repair Monitoring Control Optimization Autonomy www.bgrid.be
  15. 15. Start-ups in different sectors come up with creative solutions and show opportunities. Google, Tesla and other innovative companies are investing in connected objects. www.bgrid.be
  16. 16. Most companies don’t have the know-how nor the skills to find real value in being connected. www.bgrid.be
  17. 17. How can you create value through being connected?
  18. 18. Create more value by being connected
 Gather insights to build expertise Jawbone Aquadraat www.bgrid.be
  19. 19. Case Babolat What is it? Babolat is a smart tennis racket, meant to play tennis and to improve your game on your own. What is the value of being connected? Due to the connection with your smart phone, it allows you to improve your tennis-skills One can improve his/her expertise because the app: • monitors your actual game • advices you how to improve • allows you to share information with your friends and receive their feedback • compares your game with professional players What is the benefit for the company? Babolat is strengthening its position within the world of tennis. It is seen as an innovative brand and an expert in the sport. The goal is to increase revenue by developing innovative connected objects that have an added-value for their customers. www.bgrid.be
  20. 20. Case Mona What is it? Mona is a digital electricity meter reader that keeps your energy usage in check. The data is collected and shown in an interface. What is the value of being connected? Due to the Mona Meter you : • gather insights into your energy usage at all times. • can compare your results with other Mona users. • become a more energy efficient user and save money. What is the benefit for the company? The value of Mona for the company lays in the data gathered by the product. Electricity providers can estimate and predict the electricity usage more accurately. www.bgrid.be
  21. 21. Create more value by being connected
 Increase efficiency to use time more productively Tado Molok ALERTS INSIGHTS PLANNING ROUTE 23 % -2 -8 23 % -2 -8 23 % -2 -8 23 % -2 -8 23 % -2 -8 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula 23 % -2 -8 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque volutpat, neque in iaculis aliquet, dui nisl facilisis ex, vitae gravida ligula www.bgrid.be
  22. 22. Case Dash button What is it? Amazon Dash Button is a Wi-Fi connected device that orders goods by one press of the button. What is the value of being connected? Due to the connection customers • can order products without going to a store or online • save time • stay up to date about their order • cancel when they want What is the benefit for the company? The benefit for the company is the consumers’s extreme loyalty - having a button in people’s homes. www.bgrid.be
  23. 23. Case Big Belly What is it? Big Belly is a smart, self-powered waste management & recycling solution. What is the value of being connected? Its cloud based application provides • insights in bin fullness, volume, subsequent traffic, weather,… • up-to-the minute status on which locations need to be collected or those who don’t • use the ‘frequency to reach capacity’ to plan your collection routes • increase efficiency & resource management through useful real-time data. What is the benefit for the company? Big Belly distinguish themselves from competitors by delivering extra service. The expected benefit is increased sales. www.bgrid.be
  24. 24. Create more value by being connected
 Add experience to delight consumer Phonotonic BringMe www.bgrid.be
  25. 25. Case Phonotonic What is it? Amazon Dash Button is a Wi-Fi connected device that orders goods by one press of the button. What is the value of being connected? Due to the connection customers 
 • can order products without going to a store or online • save time • stay up to date about their order • cancel when they want What is the benefit for the company? The benefit for the company is the consumers’s extreme loyalty - having a button in people’s homes. www.bgrid.be
  26. 26. Case Hue What is it? Philips designed Hue, a light bulb of which you can program it’s colour, brightness and timing with your smartphone, tablet, pc. What is the value of being connected? Hue improves the level of enjoyment because it can create a certain mood in a space by changing colours and brightness from a pc or mobile device. What is the benefit for the company? Philips strengthens its position in the lighting sector and will be seen as an innovative brand. www.bgrid.be
  27. 27. By being connected you can add more value for your consumer and grow your business. www.bgrid.be
  28. 28. Bagaar Kronenburgstraat 14 - 16 B - 2000 Antwerpen +32 3 283 88 12 www.bgrid.be www.bagaar.be info@bagaar.be
  29. 29. Connected Objects Creating value through connection

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